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Fostering effective credit administration in Nigeria to encourage proper credit management development was one of the reasons for the establishment of the General Assembly of Banks' Chief Executives (GABCE) in Nigeria.

If there is one thing that the Covid-19 virus has inspired in the entire human race, it is the need, now more than ever before, to prepare for an uncertain future especially in terms of instituting structures for ...

In the months leading up to January 2015, the price of oil fell by 60% driven down largely by booming shale oil production, the drop in energy demands from emerging markets and the strengthening of the US dollar.

We are pleased to share the 2019 version of our Nigeria Tax Data Card containing summaries of over 15 different taxes in a tabular, pocket-sized format.

President Muhammadu Buhari recently transmitted the Finance Bill, 2021 ("the Bill") to the National Assembly for passage into law.

On 24 April, 2008, American movie star, Wesley Snipes, was convicted and sentenced to 3 years in prison for failing to file income tax returns.

Most fintech founders treat compliance the same way many Nigerians treat car insurance: get the bare minimum coverage, pay the premium, hope you never need it, and try not to think about it too much.

The Investment and Securities Act (ISA) 2025 was enacted on March 31, 2025 by President Bola Ahmed Tinubu to replace the previous ISA, updating the law with provisions impacting emerging trends...

The recent introduction by the extant Banks and other Financial Institutions Act 2020 of Bail-in, as a tool for resolving bank insolvency is a critical discussion point for the comity of international lenders, lending to Nigerian banks and other financial institutions.

In January 2021, the Securities Exchange Commission governed by the Investment and Securities Act, 2007 (as amended) released the "Crowdfunding Rules" or the "Rules" for the regulation of unregulated crowdfunding activities in Nigeria.

Nigeria cedes $4-5 billion annually in marine liability insurance premiums to foreign institutions, creating a legally mandated market opportunity with no domestic competitor. Development finance institutions and blended capital structures could establish the country's first Protection and Indemnity club, capturing a revenue stream that currently flows entirely offshore while building critical local capacity in underwriting, claims management, and maritime risk assessment.

In a significant development, largely unprecedented in Nigeria, the Central Bank of Nigeria ("CBN") issued a Circular titled Introduction of Market Structure Requirements, Data Localisation...

In a bid to enhance financial inclusion and facilitate greater engagement with Nigerians in diaspora, the Central Bank of Nigeria (CBN) introduced a framework for the operation...

Nigeria operates a state-managed forex policy which entails the direct supervision of the foreign exchange market by the central bank of Nigeria.

A few days ago, the President of the Federal Republic of Nigeria declined assent on the National Housing Fund Bill (the "NHF Bill") recently passed by the National Assembly.

On November 12, 2020, President Muhammadu Buhari signed the Banks and Other Financial Institutions Act 2020 into law and thereby effectively repealed the erstwhile Banks and Other Financial Institutions Act 1991.